Shrimp export hit a record high of nearly 2.4 billion
Despite of many hardships in shrimp producing and exporting in 2011, Vietnam shrimp industry reaped rich rewards of US$2.396 billion in export value. Hiking price of shrimp at the early months of the year was attributable to the record high exports. The shortage of shrimp supply from major suppliers such as Indonesia, China or Vietnam pushed up the global shrimp price while import demand from main consumers (the U.S., EU, South Korea) remained at the high levels. This helps Vietnam shrimp industry to gain encouraging results in 2011.
In 2011, Vietnam shrimp was shipped to 91 markets worldwide with export revenue of US$2.4 billion, up 13 percent over 2010. Japan, the U.S., EU, China (including Hong Kong) and South Korea are 5 largest shrimp importers, making up 81.7 percent of the proportion of Vietnam shrimp export value.
In which, Japan was the leading importer with the export value of US$607.2 million, occupying 25.3 percent, followed by the U.S. (US$558.5 million), EU (US$412.8 million), China (US$223.6 million) and South Korea (US$157.5 million).
Viet Nam won the anti-dumping duty case against the US
In the middle of July/2011, World Trade Organization (WTO) judges released the final decision on the U.S.’s “zeroing” method to impose anti-dumping duty on frozen shrimp from Vietnam.
In WTO’s conclusion, the U.S.’s using the zeroing method in calculating anti-dumping margins of Vietnam shrimp in two phases of administrative review from 1st Feb 2006 to 31st Jan 2007 and 1st Feb 2007 to 31st Jan 2008 violated WTO rules and the U.S. was requested to adjust its duty calculation method in accordance with WTO principles.
The panel concluded that the U.S.’s using available data to calculate anti-dumping duty was inconsistent to WTO rules. Many shrimp exporters of Vietnam used to pay 25 percent duty rate which hampered them to export their shrimp products to the U.S.
WTO’s final decision requested the U.S. to remove this calculation in the next administrative period of review. This is an opportunity for shrimp exporters which do not dump their products to retreat from the case. WTO’s the decision contributed to promote Vietnam shrimp exports to the U.S.
Important role of whiteleg shrimp
In 2011, black tiger shrimp exports of Vietnam reached US$1.430 million, equal to the figure of 2010. Yet, in 2011, whiteleg shrimp exports of Vietnam reached US$704 million, showing an increase of 70%. In 2011, epidemic hit mass industrial farming area of black tiger shrimp in Soc Trang, Bac Lieu, Can Tho, Ca Mau provinces. More than 81,000 hectares of black tiger shrimp farming were hit by plague.
Many shrimp exporters considered to import raw material, however, a lot of complicated procedures as well as high import duty prevented them from importing. Whiteleg shrimp business brought a lot of achievements for shrimp producers and exporters in 2011.
Outlook
It is too early to make outlooks for shrimp industry in 2012. But, in the short-term, Vietnam shrimp exports continued to gain substantial results because prawn supply from Thailand was deficient due to flood and importing demand from the U.S., EU and South Korea will remain at high levels.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
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